Nepal: Power Sector Reform and Sustainable Hydropower Development (PSRSHD)

Abstract*

The objectives of the Power Sector Reform and Sustainable Hydropower Development Project for Nepal are to: (a) strengthen the capacity of the power sector agencies to plan and prepare hydropower and transmission line projects following international standards and best practices; and (b) improve the readiness of the power sector agencies for regulatory and institutional reforms. There are three components to the project, the first component being Preparation... Show More

Development Objective

The Project Development Objectives are to: (a) strengthen the capacity of the power sector agencies to plan and prepare hydropowerand transmission line projects following international standards and best practices; and (b) improve the readiness of the powersector agencies for regulatory and institutional reforms.

Key Details

Project Details

Project ID
P150066
Status
Closed
Team Leader
Subodh Adhikari
Borrower 2
Nepal

Country
Nepal
Disclosure Date
March 29, 2015
Approval Date
(as of board presentation)
September 25, 2015
Effective Date
June 2, 2016

Total Project Cost 1
US$ 24.00 million
Implementing Agency
Water and Energy Commission Secretariat,Nepal Electricity Authority
Region
South Asia
Fiscal Year 3
2016

Commitment Amount
US$ 22.50 million
Environmental Category
A
Last Update Date
May 24, 2024
Closing Date
December 30, 2022

Consultant Services required
TBD
Last Stage Reached
BANK APPROVED

Associated Projects
P175306

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Private Sector Development

FY17 - Business Enabling Environment16%
- FY17 - Investment and Business Climate16%
FY17 - Jobs28%
- FY17 - Job Creation28%

FY17 - Urban and Rural Development

FY17 - Rural Development28%
- FY17 - Rural Infrastructure and service delivery28%
FY17 - Urban Development28%
- FY17 - Urban Infrastructure and Service Delivery28%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
South Asia Water Initiative (SAWI)	2.50
Borrower/Recipient	1.50
IDA Credit	20.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	20.00
IBRD + IDA Commitment	20.00

Lending Instrument
Grant Amount	2.50
Total Project Cost**	24.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Mar 15, 2022	IDA-57280	Int Charges	740.40
Mar 15, 2022	IDA-57280	Loan Repay	310,349.25
Mar 15, 2022	IDA-57280	Int Charges	33,943.10
Mar 15, 2022	IDA-57280	Int Charges	33,943.10
Sep 15, 2022	IDA-57280	Int Charges	33,158.86
Sep 15, 2022	IDA-57280	Int Charges	33,158.86
Sep 15, 2022	IDA-57280	Loan Repay	284,208.10
Dec 9, 2022	IDA-57280	Loan Cancel	7,992,843.00
Sep 15, 2022	IDA-57280	Loan Repay	7,146.65
Mar 15, 2023	IDA-57280	Loan Repay	166,783.22
Sep 15, 2023	IDA-57280	Int Charges	32,848.31
Sep 15, 2023	IDA-57280	Loan Repay	2,634.35
Sep 15, 2023	IDA-57280	Loan Repay	166,155.12
Sep 15, 2023	IDA-57280	Int Charges	32,848.31
Sep 5, 2023	IDA-57280	Loan Disb	-279,619.38
Mar 15, 2023	IDA-57280	Int Charges	33,857.80
Mar 15, 2023	IDA-57280	Int Charges	33,857.80
Mar 15, 2023	IDA-57280	Loan Repay	3,608.75
May 9, 2017	IDA-57280	Loan Disb	300,000.00
Sep 15, 2017	IDA-57280	Int Charges	801.16
Sep 15, 2017	IDA-57280	Int Charges	801.16
Mar 15, 2018	IDA-57280	Int Charges	1,179.24
Mar 15, 2018	IDA-57280	Int Charges	1,179.24
Apr 10, 2018	IDA-57280	Loan Disb	1,700,000.00
Mar 15, 2018	IDA-57280	Int Charges	19.62
Mar 15, 2018	IDA-57280	Int Charges	19.62
Sep 15, 2018	IDA-57280	Int Charges	16.43
Sep 15, 2018	IDA-57280	Int Charges	16.43
Sep 15, 2018	IDA-57280	Int Charges	6,448.59
Sep 15, 2018	IDA-57280	Int Charges	6,448.59
Mar 15, 2019	IDA-57280	Int Charges	7,267.84
Mar 15, 2019	IDA-57280	Int Charges	7,267.84
Mar 15, 2019	IDA-57280	Int Charges	3.26
Mar 15, 2019	IDA-57280	Int Charges	3.26
Feb 11, 2019	IDA-57280	Loan Disb	1,453,963.00
Jun 26, 2019	IDA-57280	Loan Disb	966,596.40
Oct 21, 2019	IDA-57280	Loan Disb	1,538,235.50
Sep 15, 2019	IDA-57280	Int Charges	14,115.58
Sep 15, 2019	IDA-57280	Int Charges	14,115.58
Sep 15, 2019	IDA-57280	Int Charges	1,003.10
Sep 15, 2019	IDA-57280	Int Charges	1,003.10
Mar 15, 2020	IDA-57280	Int Charges	20,717.31
Mar 15, 2020	IDA-57280	Int Charges	20,717.31
Mar 15, 2020	IDA-57280	Int Charges	127.38
Mar 15, 2020	IDA-57280	Int Charges	127.38
Feb 10, 2020	IDA-57280	Loan Disb	816,695.30
Sep 15, 2020	IDA-57280	Int Charges	564.12
Sep 15, 2020	IDA-57280	Int Charges	564.12
Sep 15, 2020	IDA-57280	Int Charges	25,237.54
Sep 15, 2020	IDA-57280	Int Charges	25,237.54
Dec 28, 2020	IDA-57280	Loan Disb	1,459,942.10
Mar 15, 2021	IDA-57280	Int Charges	491.38
Mar 15, 2021	IDA-57280	Int Charges	491.38
Mar 15, 2021	IDA-57280	Int Charges	28,262.68
Mar 15, 2021	IDA-57280	Int Charges	28,262.68
Mar 15, 2024	IDA-57280	Int Charges	31,533.19
Mar 15, 2024	IDA-57280	Int Charges	31,533.19
Mar 15, 2024	IDA-57280	Loan Repay	164,905.95
Mar 15, 2024	IDA-57280	Loan Repay	5,532.09
Sep 25, 2015	IDA-57280	Loan Commitment	20,000,000.00
Sep 5, 2023	IDA-57280	Loan Cancel	1,805,486.00
May 3, 2022	IDA-57280	Loan Disb	897,600.94
Sep 15, 2021	IDA-57280	Int Charges	239.94
Sep 15, 2021	IDA-57280	Int Charges	239.94
Sep 15, 2021	IDA-57280	Int Charges	31,044.26
Sep 15, 2021	IDA-57280	Int Charges	31,044.26
Aug 10, 2021	IDA-57280	Loan Disb	1,003,791.06
Mar 15, 2022	IDA-57280	Int Charges	740.40

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Moderately Satisfactory	2022-06-30
Project Management	Moderately Satisfactory	2022-06-30
Progress towards achievement of PDO	Moderately Satisfactory	2022-06-30
Counterpart Funding	Moderately Satisfactory	2022-06-30
Monitoring and Evaluation	Moderately Satisfactory	2022-06-30
Overall Implementation Progress (IP)	Moderately Satisfactory	2022-06-30
Financial Management	Moderately Unsatisfactory	2022-06-30

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-23-2023
Outcomes	Moderately Satisfactory
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 11-27-2023	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Capacity of hydro power projects prepared. Value 0.00 1101.00 0.00
Date September 1, 2015 December 30, 2022
Comment
Number of key policy and sector reform actions validated and endorsed at the institutional level by MOEWRI, NEA, and WECS Value 0.00 5.00 0.00
Date September 1, 2015 May 30, 2022
Comment
Length of transmission line projects prepared Value 0.00 303.00 0.00
Date September 1, 2015 June 30, 2022
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Detailed Engineering and ESIA Reports for Upper Arun Hydropower Project Value 1991 UAHEP feasibility study Detailed engineering studies completed, ESIA repor
Date September 1, 2015 December 30, 2022
Comment
Asset Verification and Valuation Value No plan Asset verification and valuation completed
Date September 1, 2015 February 28, 2023
Comment
Number of workshops on SESA conducted Value 0.00 2.00 1.00
Date September 1, 2015 June 30, 2023
Comment

Detailed Engineering and ESIA Reports for Ikhuwa Khola Hydropower Project	Value	2014 feasibility study and Initial Environmental E	Detailed engineering and ESIA reports completed
	Date	September 1, 2015	December 30, 2022
	Comment

Generation Master Plan Value No Master Plan Generation master plan
Date September 1, 2015 December 30, 2022
Comment

Detailed Engineering and ESIA reports for selected high-voltage transmission line project	Value	No candidate transmission line identified	Detailed engineering and ESIA reports completed
	Date	September 1, 2015	December 30, 2022
	Comment

Number of river basin plans, including hydropower master plan, prepared with IWRM approach Value 0.00 9.00 0.00
Date September 1, 2015 March 30, 2023
Comment
Reduction in NEA's audited financial statements submission time Value 12.00 12.00 9.00
Date December 31, 2018 June 30, 2022 December 30, 2021
Comment
NEA corporate policy for compensation of ROW prepared and disseminated Value None Policy prepared and disseminated
Date September 1, 2015 December 30, 2022
Comment
SESA framework Value None Final report expected in June 2023
Date September 1, 2015 June 30, 2023
Comment
Guidelines on Stakeholder consultation and grievance redress mechanism systems for Energy Sector projects developed and adopted by NEA Value No Yes
Date September 1, 2015 December 30, 2022
Comment

Capacity of hydro power projects prepared.	Value	0.00	1101.00	0.00
	Date	September 1, 2015	December 30, 2022
	Comment

Detailed Engineering and ESIA Reports for Upper Arun Hydropower Project	Value	1991 UAHEP feasibility study	Detailed engineering studies completed, ESIA repor
	Date	September 1, 2015	December 30, 2022
	Comment

Asset Verification and Valuation	Value	No plan	Asset verification and valuation completed
	Date	September 1, 2015	February 28, 2023
	Comment

Number of workshops on SESA conducted	Value	0.00	2.00	1.00
	Date	September 1, 2015	June 30, 2023
	Comment

Generation Master Plan	Value	No Master Plan	Generation master plan
	Date	September 1, 2015	December 30, 2022
	Comment

Reduction in NEA's audited financial statements submission time	Value	12.00	12.00	9.00
	Date	December 31, 2018	June 30, 2022	December 30, 2021
	Comment

NEA corporate policy for compensation of ROW prepared and disseminated	Value	None	Policy prepared and disseminated
	Date	September 1, 2015	December 30, 2022
	Comment

SESA framework	Value	None	Final report expected in June 2023
	Date	September 1, 2015	June 30, 2023
	Comment